Severe Drawdowns

[jricky]

I've been a follower for almost a year and I do love the logic and psychology being used. However my positions are getting pounded. Did I miss something about stops or is the general consensus to hold on as the "markets climb on walls of worry and especially uncertainty." Some of the stocks are up but most are down, in some cases approaching 50%. Would appreciate some insight on what we should be doing here. Thanks

[AstuteShift]

Plays being monitored by SOL and his team, also they post stops.

Make sure you read the sub section for how to use the service for your trading plan. If you don’t read it through then it will seem like alien but really it’s a great methodology. It takes time to implement but once you get it becomes second nature

Patience and discipline is also needed, without that you will always get destroyed in the markets.

Remember this and keep this close to you
Nobody likes the market on sale, besides the top players and the astute.

If it was easy then everyone can win but atlas that’s not how it works, at least for the masses. It’s loser syndrome for them

[stefk]

well said Astute

[jricky]

Thanks for that. I thought I'd read all the material but I will look again at those sections.

[SOL]

Thanks for that. I thought I'd read all the material but I will look again at those sections.

We went through hell during the covid crash but after that, we locked in massive gains. If it were easy to win everyone would be a millionaire and we would be in a position to sell this service for 10 bucks a month. 90% must lose remember that and once you understand that you will understand that that the trend never lies. The long term trend is still bullish